Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2024

Commitments and Contingencies Disclosure [Abstract]

Summary of Weighted Average Remaining Lease Term and Discount Rates

The following table details the weighted average remaining lease term and discount rates for the Company’s ground and office leases:

Weighted-average remaining lease term - finance leases	21 years
Weighted-average remaining lease term - operating leases	50 years
Weighted-average discount rate - finance leases	4.63	%
Weighted-average discount rate - operating leases	5.15	%

Reconciliation of Undiscounted and Discounted Cash Flows for Finance Leases

The following table details the future minimum payments of the Company's current leases as of December 31, 2024 (dollars in thousands):

	Operating Leases (1)		Financing Leases
2025	$	15,344	$	1,089
2026	15,752		1,091
2027	15,484		1,095
2028	14,536		1,096
2029	13,577		1,099
Thereafter	405,106		34,663
Total	479,799		40,133
Less discount for time value	(326,466)		(20,184)
Lease liability	$	153,333	$	19,949

Reconciliation of Undiscounted and Discounted Cash Flows for Operating Leases

The following table details the future minimum payments of the Company's current leases as of December 31, 2024 (dollars in thousands):

	Operating Leases (1)		Financing Leases
2025	$	15,344	$	1,089
2026	15,752		1,091
2027	15,484		1,095
2028	14,536		1,096
2029	13,577		1,099
Thereafter	405,106		34,663
Total	479,799		40,133
Less discount for time value	(326,466)		(20,184)
Lease liability	$	153,333	$	19,949